If you were to buy a house locally at the current median price of $1,060,000 and had 10% deposit, then you would need a mortgage for $954,000. This is a very large mortgage compared to state.
Between 2005 and 2011 the population of GLENELG SOUTH, 5045 grew an average of 29.40 people each year. This figure of 447.80% per annum means GLENELG SOUTH is one of the more rapidly growing suburbs in SA.
Mortgage brokers in GLENELG SOUTH, 5045 have seen that the median mortgage loan repayment has not changed much between the last two census periods, changing from $1,300 to $1,733.
On a national list of suburbs ranked by median mortgage repayments, GLENELG SOUTH would be 2654th.